Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Gorman-Rupp (GRC) have what it takes? Let's find out.
The dividend kings are a select group of dividend stocks made up of companies that have increased their dividends for at least 50 consecutive years. That may be a throw-away statistic. But consider everything that’s happened to the economy in the past 50 years. Being able to continually issue a dividend speaks to the blue-chip nature of these companies. They deliver rock-solid revenue and earnings with a commitment to returning capital to shareholders. Naysayers will say those dividend payments
Building generational wealth is the ultimate goal of investing. It is a feat that not everyone can easily accomplish, requiring patience and consistent wealth building. You want to secure your retirement and pass on the legacy you’ve built to future generations of your family. That’s why it is it is probably a great idea to jump on these dividend kings. Luckily, dividend growth investors have access to investment vehicles that help secure that future. For example, dividend kings have a history o